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    1808 Arrington Rd College Station, TX 77845
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    Property profile & analytics

    1808 Arrington Rd College Station, TX 77845

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    • Commercial real estate
    • 19.80 lot acres
    Off-Market
    Property ID
    US82-4770230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1808 Arrington Rd

    Lot size
    19.80 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 19.8-acre tract presents a prime opportunity for multifamily development in South College Station, Texas. Strategically located between Greens Prairie Reserve and The Ranch at Arrington apartments, near Tower Point, this property boasts approximately 355 feet of frontage on Arrington Road and a depth of 1,505 feet. The gently sloping topography is free of floodplains, enhancing its development potential. Existing utilities, including a 12-inch Wellborn Water line and 3-phase electrical service, are readily available on-site, with sewer connection requiring separate arrangement. Currently zoned R-Rural, the seller is committed to assisting the buyer with the rezoning process to MF-Multifamily. This property offers significant advantages for developers seeking a well-situated, sizable parcel in a thriving Texas community. The asking price for this exceptional development opportunity is $3,665,000. The address is 1808 & 1864 Arrington Rd, College Station, TX 77845.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.2593141
    Latitude
    30.5445722

    Comparable in this City

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      Duplex Near Texas A&M

      Leased duplex featuring two 3-bedroom units near Texas A&M.
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    • $2,200,000
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      Multifamily Complex Near TAMU Shuttle

      Well-maintained 12-unit multifamily complex near campus.
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      Charming Leased Duplex Near Amenities

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      New Townhome Package Investment Opportunity

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    Similar Nearby for Sale

    • $2,970,000
      4.98 Acres

      College Station Commercial Land

      Prime 4.98-acre development site.
      2354 Barron Rd, College Station, TX 77845
      View Details
    • $2,199,900
      6,439 SF

      Luxury Home with Guest Houses

      Spacious main house plus two guest houses and premium amenities.
      5009 Trumpeter Swan Dr, College Station, TX 77845
      View Details
    • Contact for pricing

      Duplex Near Texas A&M

      Leased duplex featuring two 3-bedroom units near Texas A&M.
      2324-2326 Trace Mdws, College Station, TX 77845
      View Details
    • $2,200,000
      15,360 SF

      Multifamily Complex Near TAMU Shuttle

      Well-maintained 12-unit multifamily complex near campus.
      903 Balcones Dr, College Station, TX 77845
      View Details
    • $349,900
      1,984 SF

      Charming Leased Duplex Near Amenities

      Leased duplex with modern features and convenient location.
      3624-3626 Hollyhock St, College Station, TX 77845
      View Details
    • $1,304,700
      6,273 SF

      New Townhome Package Investment Opportunity

      Fully leased townhomes near campus with modern amenities.
      4038 Gunner Trl, College Station, TX 77845
      View Details

    Similar Nearby for Lease

    • $1,750 /Mo

      Prime Land Lease Opportunity

      4.77-acre divisible parcel with highway frontage in South College Station.
      4508 State Highway 6, College Station, TX 77845
      View Details
    • Contact for pricing

      South College Station Land Available

      Centrally located land with quick access to Highway 6.
      1650 Arrington Rd, College Station, TX 77845
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      Medical/Office Space in College Station

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      Retail Space Available For Lease

      Retail space available for lease in College Station, Texas.
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      Executive Suites in College Station

      High-quality executive suites for rent in South College Station.
      1645 Greens Prairie Rd, College Station, TX 77845
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    • $6,690 /Mo

      College Station Office Space For Lease

      Prominent 3-story building with high-end finishes, available late 2025.
      4270 Sh-6, College Station, TX 77845
      View Details
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    College Station, TX 77845
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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